III icon resources ltd

It has done well after all these announcements to still be...

  1. 25,786 Posts.
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    It has done well after all these announcements to still be holding 13.5 cents particularly as the last share issue is still underwater.I should think that the sp will fall back to a level where underwriters are prepared to buy more shares whatever that may be.Still much too much risk for me. No where near enough information is released for me to fully calculate the downside risk and the upside potential.
    I am glad I liquidated my position .
    I see there was a higher low at 6.3 cents on 6 September 2010, Whether it will reach that low, or lower I do not know,and if it does it may not be worth bothering with. There are always plenty of other shares.Just some thoughts.
    Fish
 
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